FCNR RATE | Union Bank of India

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FCNR RATE

Interest Rates FCNR(B)/RFC

UNION BANK OF INDIA

REVISION IN RATES OF INTEREST ON
FCNR (B) AND RFC DEPOSITS

FCNR (B) Deposits:

The details of revised rates of interest on FCNR (B) & RFC term deposits in the permitted currencies w.e.f. 01.04.2021 are given below:

PERIOD	USD< 300,000		USD >= 300,000		GBP		EUR
	Existing	Revised	Existing	Revised	Existing	Revised	Existing	Revised
1YR<2YRS	0.87	0.88	0.87	0.88	0.53	0.56	0.01	0.01
2YRS<3YRS	0.76	0.80	0.86	0.90	0.67	0.71	0.01	0.01
3YRS<4YRS	0.99	1.07	1.09	1.17	0.80	0.85	0.01	0.01
4YRS<5YRS	1.15	1.28	1.25	1.38	0.92	0.99	0.01	0.01
5YRSONLY	1.32	1.48	1.42	1.58	1.02	1.10	0.03	0.02

FCNR (B) Deposits:

PERIOD	JPY		CAD		AUD
	Existing	Revised	Existing	Revised	Existing	Revised
1YR<2YRS	0.01	0.01	0.62	0.62	0.21	0.19
2YRS<3YRS	0.06	0.06	0.73	0.68	0.28	0.25
3YRS<4YRS	0.09	0.08	0.97	0.98	0.45	0.44
4YRS<5YRS	0.11	0.10	1.23	1.26	0.69	0.70
5YRSONLY	0.13	0.12	1.50	1.53	0.94	0.94

RFC Deposits::

PERIOD

USD < 300,000

USD>= 300,000

GBP

EUR

JPY

CAD

AUD

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

Existing

Revised

TERM DEPOSITS

6 MONTHS to <1 YR

0.87

0.88

0.87

0.88

0.53

0.56

0.01

0.01

0.01

0.01

0.62

0.62

0.21

0.19

1 YR to <2 YRS

0.87

0.88

0.87

0.88

0.53

0.56

0.01

0.01

0.01

0.01

0.62

0.62

0.21

0.19

2 YRS to <3 YRS

0.76

0.80

0.86

0.90

0.67

0.71

0.01

0.01

0.06

0.06

0.73

0.68

0.28

0.25

3 YRS

0.99

1.07

1.09

1.17

0.80

0.85

0.01

0.01

0.09

0.08

0.97

0.98

0.45

0.44

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Interest Rates FCNR(B)/RFC

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